Business
World and Russian economy. Global and American business trends. Exchange innovations, review of quotations, indices and trades. News from all industrial sectors of the USA and Great Britain. New technologies, exhibitions and tenders.
UK tax cut on the cards? Hunt raises hopes as inflation falls to two-year low
21.03.2024
UK tax cut on the cards? Hunt raises hopes as inflation falls to two-year low
The rate at which consumer prices are rising in the UK has slowed down significantly, according to new figures, sparking…
Why Switzerland’s central bank made a surprise cut to its key interest rate
21.03.2024
Why Switzerland’s central bank made a surprise cut to its key interest rate
Thomas Jordan, the outgoing SNB chairman, credited the central bank’s push to rein in inflation in the wealthy Alpine country.…
Samsung shares rise on hopes of Nvidia using its new-gen memory chips
21.03.2024
Samsung shares rise on hopes of Nvidia using its new-gen memory chips
Tech giant Samsung Electronics’ shares jumped 5.16% on Thursday to €1,325, following reports that Nvidia was currently testing the former’s…
Czech power company profit reached €1.17 billion in 2023
21.03.2024
Czech power company profit reached €1.17 billion in 2023
The Czech power company CEZ said Thursday its 2023 net profit reached 29.6 billion Czech crowns (€1.17 billion), down more…
Hermès lands in hot water over Birkin bag sales antitrust class action
21.03.2024
Hermès lands in hot water over Birkin bag sales antitrust class action
French luxury brand Hermès has recently been hit with a federal class-action lawsuit in California, over allegations that the company…
Wealth report: Where the rich go to find the best pickings
21.03.2024
Wealth report: Where the rich go to find the best pickings
Last year saw the creation of an average of 70 very wealthy investors every day and this is a trend that…
Baby food makers set to fend off swathes of lawsuits
21.03.2024
Baby food makers set to fend off swathes of lawsuits
It looks like Reckitt’s baby formula saga is set to continue for a while. The company’s Illinois-based unit was recently…
The long battle over Russia’s frozen assets heats up
21.03.2024
The long battle over Russia’s frozen assets heats up
In the wake of Russia’s full-scale invasion of Ukraine in 2022, one of the key measures taken by the international…
How can the EU single market break out of its historical straitjacket?
21.03.2024
How can the EU single market break out of its historical straitjacket?
The single market is making a comeback at the top of the EU’s political agenda. This Wednesday, for example, the…
Fed clears path for rate cuts: Powell lifts stocks and gold to record levels
21.03.2024
Fed clears path for rate cuts: Powell lifts stocks and gold to record levels
The Federal Reserve has laid down the groundwork for potential interest rate reductions later this year, signaling a shift from…
